The Analyst Handout 10th December 2024

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10th December 2024

The
Analyst Government vs RBI
Handout Governor Tussle
10th December, 2024

CONTEXT : Shaktikanta Das’ tenure at RBI comes to an end on December 10


amid some degree of friction with North Block towards the end of his second
term as Governor.

● Urjit Patel (2016-2018): Section 7 of


the RBI Act, excess capital reserves
and relaxed lending norms
● Shaktikanta Das: December 8
monetary policy review, repo rate
steady at 6.50%, prioritizing inflation
control.

Historical Conflicts Between RBI and


Government:
● YV Reddy (2003-2008): financial
market development, proposal to
write off farmer loans
● D. Subbarao (2008-2013): Pressure
for softer monetary stance to
stimulate growth, formation of FSDC
● Raghuram Rajan (2013-2016):
Protested the attempt to shift money
market regulation to Sebi, Disagreed
with demonetisation
The
Analyst Government vs RBI
Handout Governor Tussle
10th December, 2024

CONTEXT : Shaktikanta Das’ tenure at RBI comes to an end on December 10


amid some degree of friction with North Block towards the end of his second
term as Governor.

Reasons for Conflict: What should be done?


● Disputes Over Policy Independence ● Ensuring RBI’s Independence: open
● Surplus Transfers and Capital Communication credibility and
Reserves public trust
● Regulatory Control Over Banking ● Improved Coordination Between
Sector: Government’s fiscal goals VS Policies: Discussions and sharing of
prudent banking practices information
● Policy priorities: Growth vs Liquidity ● Transparent Use of RBI’s Reserves:
● Conflicts Over Financial and Clear framework
Economic Reforms ● Clear Rules for Financial Oversight
● Divergent Approaches to Crisis Clarity on roles
Management: 2008, financial stability ● Crisis Management Collaboration:
VS quick economic relief measures Timely and coordinated responses
The
Analyst
Handout
The Issue of Food Security
10th December, 2024

CONTEXT : An lead editorial discuss various aspects of food and energy


security.An lead editorial discuss various aspects of food and energy security.

● Trade Restrictions and Policies:


Export bans and tariffs on food
commodities restrict supply and
increase prices. For Example: India's
rice export ban in 2022 led to global
price hikes. (WTO) 2022.
● Growing Demands on Agriculture:
Food vs Biofuel

Reasons for Global Food Insecurity:

● Conflict and War: Wars disrupt


supply chains. For Example: Russia
Ukraine War
● Economic Instability: High inflation
and unemployment increase food
prices - reduce purchasing power.
For Example: In 2022, food prices rose
by 20-30% globally due to inflation ,
Supply chain issues. (World Bank,
2023)
● Population Growth: Rapidly growing
populations increase demand for
food, putting strain on existing
resources. For Example: The global
population- 9.7 billion by 2050.
(United Nations Population Division,
2022).
● Poor Infrastructure: Lack of proper
storage, transportation, processing
infrastructure leads to food waste. For
Example: In sub-Saharan Africa, up
to 40% of food is lost post-harvest
due to inadequate infrastructure.
(FAO, 2023).
The
Analyst
Handout
The Issue of Food Security
10th December, 2024

CONTEXT : An lead editorial discuss various aspects of food and energy


security.An lead editorial discuss various aspects of food and energy security.

What should be done? ● Focus on Family Planning and


Education: Promote family planning
● Strengthen Climate Resilience:
and empower women.
climate-smart agriculture,
● Upgrade Infrastructure: Invest in
drought-resistant crops, and
storage, transport, processing
sustainable farming practices.
facilities to reduce food waste.
● Promote Peace and Stability:
● Revise Trade Policies: Reduce export
Mediate conflicts , ensure safe
bans, tariffs, trade barriers to ensure
corridors for food distribution in war
stable food supply.
zones.
● Reduce Inequality: Address income
● Enhance Economic Support:
inequality through policies that
Implement social safety nets,
improve access to affordable food.
subsidies for vulnerable populations,
● Need for Inclusivity in the Energy
support local economies.
● Improve Global Supply Chains: Transition

Strengthen global food trade


agreements, reduce logistics
bottlenecks.
The
Analyst Indians Need the Right to
Handout Disconnect
10th December, 2024

Syllabus: GS Paper 2 : Government Policies & Interventions, Welfare Schemes


Newspaper: The Hindu Page No: 9

\
The
Analyst National Food Security
Handout
10th December, 2024
Act
Syllabus: GS 3 Paper : Agriculture, Subsidy, Food Security
Newspaper: The Hindu Page No: 12
The
Analyst Reservation on the basis of
Handout Religion
10th December, 2024

Syllabus: GS Paper 2 : Social Empowerment, Government Policies & Interventions


Newspaper: The Indian Express Page No: 9
The
Analyst POSH Act in Political
Handout
10th December, 2024
Parties
Syllabus: GS Paper 2 : Issues Related to Women
Newspaper: The Hindu Page No: 12
The
Analyst INS Tushil Commissioned
Handout
10th December, 2024

Syllabus: GS 3 Paper : Defence Technology


Newspaper: The Hindu Page No: 12
The
Analyst
Handout Daily Quiz
10th December, 2024

Q1. Consider the following statements Q4. Which of the following statements
regarding the Reserve Bank of India: regarding the National Food Security Act 2013
1. It was established on 1st April 1935 under is NOT correct?
the Government of India Act 1935. a) The coverage under the Public
2. It was headquartered in Calcutta. Distribution System is linked with the
3. It was originally a privately owned stock “poverty estimates”.
company. b) The Act provides coverage to nearly
Which of the above statements is/are correct? 2/3rd of the country’s total population.
a) 1 and 2 Only c) Identification of beneficiaries is done by
b) 2 only respective State Governments.
c) 1 and 3 Only d) The eldest woman of the beneficiary
d) 2 and 3 Only household (18 years or above) is
Answer: d considered the “Head of the family”.
Answer: a
Q2. Consider the following statements:
1. Over 70% of the world’s freshwater Q5. Which of the following statements
resources are consumed by Agriculture. regarding the POSH Act is/are correct?
2. Agriculture is responsible for over 1. It defines circumstances that would
one-third of the world’s greenhouse gas constitute “sexual harassment”.
emissions. 2. It provides for the establishment of the
Which of the above statements is/are correct? Internal Complaints Committee.
a) 1 only Select the correct answer using the codes
b) 2 only given below.
c) Both 1 and 2 a) 1 only
d) Neither 1 nor 2 b) 2 only
Answer: a c) Both 1 and 2
d) Neither 1 nor 2
Q3. Consider the following statements: Answer: c
1. Article 38 mandates the state to
promote the welfare of the people.
2. Article 39 (e) directs the state to ensure
the strength & health of workers.
3. In the Vishaka Case 1997, the Supreme
Court recognised the right to dignity in
the workplace.
How many of the above statements is/are
correct?
a) Only One
b) Only Two
c) All Three
d) None
Answer: c

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